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This 2003 Article IV Consultation highlights that after a contraction in GDP of more than 4 percent in 2001 and only a marginal expansion in 2002, the pace of economic growth in St. Lucia accelerated in 2003 to 3.7 percent, driven by a rebound in tourism of close to 17 percent. Despite the pickup in growth, the overall economic situation remained difficult in 2003, as an ongoing recovery in the tourism sector has not spilled over to the whole economy. Unemployment remained high, and bank credit to the private sector is declining.

Fiscal policy --- Finance --- Competition --- Competition (Economics) --- Competitiveness (Economics) --- Economic competition --- Commerce --- Conglomerate corporations --- Covenants not to compete --- Industrial concentration --- Monopolies --- Open price system --- Supply and demand --- Trusts, Industrial --- Funding --- Funds --- Economics --- Currency question --- Tax policy --- Taxation --- Economic policy --- Finance, Public --- Economic aspects --- Government policy --- Saint Lucia --- Hagia Loukia --- ISenti-Lushiya --- Lùsíà Mímọ́ --- Masina Lucie --- Mutagatifu Lusiya --- Naomh Lùisia --- Noo Lucia --- Saint Lusia --- Sainte-Lucie --- San Lucia --- Sancta Lucia --- Sankta Lucio --- Sankte Lusia --- Sankti Lúsía --- Sanlusiyän --- Sant Lucia --- Sanṭ Lusiyah --- Sanṭ Lusyah --- Sant Lwsia --- Santa Lucia --- Santa-Lucie --- Santa Luċija --- Santa Lúsia --- Santa Lusiya --- Santa Lussìa --- Santa Luzia --- Santez-Lusia --- Saunt Lucia --- Seenti Luushiyaa --- Seĭnt Lusii︠a︡ --- Sen Lusia --- Sèng Lucia --- Senlu̇u̇sin Orn --- Sent Lisi --- Sent Liusėjė --- Sent-Li︠u︡si --- Sent-Li︠u︡sie --- Sent-Li︠u︡sii︠a︡ --- Sent-Lucio --- Sent Lüsii --- Sent Lusii︠a︡ --- Sent Lusija --- Sent-Lüsiya --- Senti-Lushiya --- Sentlūsija --- Sentorushia --- Sfânta Lucia --- Shën Luçia --- Sheng Luxiya --- Sint-Lusia --- St. Lucia --- St. Lusia --- Svätá Lucia --- Svatá Lucie --- Sveta Lucija --- Αγία Λουκία --- Света Луција --- Сент Лусия --- Сент-Люси --- Сент-Люсия --- Сент-Люсие --- Сент-Люсія --- Сейнт Лусия --- סנט לוסיה --- セントルシア --- 圣卢西亚 --- West Indies (Federation) --- Windward Islands (Jurisdiction) --- Economic conditions. --- Economic policy. --- Exports and Imports --- Macroeconomics --- Public Finance --- Industries: Hospital,Travel and Tourism --- Debt --- Debt Management --- Sovereign Debt --- International Lending and Debt Problems --- Public Enterprises --- Public-Private Enterprises --- Taxation, Subsidies, and Revenue: General --- National Government Expenditures and Related Policies: General --- Public finance & taxation --- International economics --- Civil service & public sector --- Hospitality, leisure & tourism industries --- Public debt --- External debt --- Public sector --- Revenue administration --- Expenditure --- Economic sectors --- Debts, Public --- Debts, External --- Revenue --- Expenditures, Public